BEIJING, July 30 (GCTL) - Almost a quarter of Guangdong's industrial companies are suffering losses - more evidence that the mainland's traditional export hubs are gradually losing their competitive edge in these tough economic times, due to rising labour costs and more competition from the inland provinces as well as the southern province's move to urge producers to transform into higher high and high value goods production.
| Please kindly subscribe as gctl8.com member for ONLY US$120 per year. You can enjoy :
SUBSCRIBE NOW! |
Category : Business & Financial News Govts, Rules, Trade, Metals Gtr. China
Tags : Guangdong, National Development and Reform Commission, labour costs, competition, Guangdong Furniture Chamber of Commerce, export hubs,
Share this article with your friends![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |














